Lenders › Machias Savings Bank › Maine
Machias Savings Bank in Maine
HMDA record for properties in Maine, calendar year 2024. National record · Maine overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Machias Savings Bank's 2024 HMDA record for Maine covers 843 applications, 563 of them originated, worth $175m.
Its denial rate in the state was 24.0%, above the Maine rate of 20.9% across all lenders and compared with the lender's national rate of 24.0%.
The median rate spread on its Maine originations was 0.4 percentage points (state median 0.4).
Applications in the state were down 20% on 2023.
Compared with the state and the lender's national record
| Measure | In Maine | Maine, all lenders | Machias Savings Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 24.0% | 20.9% | 24.0% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 7.7% | 16.1% | 7.7% | 15.6% |
| Average originated loan | $311k | $263k | $317k | $329k |
| Home purchase share | 55.1% | 49.0% | 55.1% | 57.0% |
| FHA-insured share | 0.0% | 8.7% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 6.3% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMaine, all lenders
Loan purpose and loan type in Maine
By purpose
Home purchase 55% (310)Home improvement 18% (99)Refinancing 14% (79)Cash-out refinancing 2% (10)Other purpose 12% (65)
By type
Conventional 94% (531)USDA 6% (32)
Denial reasons as coded
Share of 189 denials in Maine by first denial reason coded (outlined bar: all lenders in the state).
Counties in Maine
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Aroostook County | 226 | 154 | $22m | 23.9% |
| Hancock County | 180 | 114 | $43m | 27.7% |
| Washington County | 162 | 103 | $16m | 26.1% |
| Penobscot County | 128 | 98 | $19m | 16.4% |
| Cumberland County | 44 | 27 | $26m | 30.0% |
| Knox County | 27 | 15 | $2.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Machias Savings Bank originate in Maine in 2024?
563 loans totalling $175m, from 843 applications reported for properties in Maine.
What is Machias Savings Bank's denial rate in Maine?
24.0% of decided applications in Maine were denied, against 20.9% for all lenders in the state and 24.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Maine counties does Machias Savings Bank lend in most?
By originations: Aroostook County (154), Hancock County (114), Washington County (103), Penobscot County (98), Cumberland County (27).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Maine. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.